Tuesday 20th of May 2025

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India lends another $ 250 million facility for fuel


2022-03-30 14556

 
(Heshan Thilakarathna)

 

India has agreed to increase its $ 500 million loan facility by another $ 250 million to purchase fuel.

Accordingly, the loan facility of US $ 500 million agreed to be provided for the purchase of fuel has been increased to US $ 750 million.

The facility has been granted on the request made by Finance Minister Basil Rajapaksha during a meeting with the Indian Foreign Minister in Colombo.

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